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Assets Held for Sale and Net Gain on Disposition
12 Months Ended
Jan. 04, 2014
Assets Held For Sale and Net Gain On Disposition [Abstract]  
Assets Held for Sale and Net Gain on Disposition
4. Assets Held for Sale and Net Gain on Disposition
 
We have certain assets that we have designated as assets held for sale. At the time of designation, we ceased recognizing depreciation expense on these assets. As of January 4, 2014, and December 29, 2012, total assets held for sale were $2.6 million and $1.6 million, respectively, and were included in “Other current assets” in our Consolidated Balance Sheets. During the second quarter of fiscal 2013, we designated the Denver, Colorado sales center and the Sioux Falls, South Dakota distribution center as held for sale.  We finalized the sale of the owned Denver, Colorado sales center, which had a carrying value of $3.3 million, during the third quarter. We finalized the sale of the Sioux Falls facility, which had a carrying value of $0.6 million, during the fourth quarter of fiscal 2013.  We also designated one of our distribution centers as held for sale during the second quarter of fiscal 2013.  This property has a total carrying value of $1.9 million, and we plan to finalize a sale of the facility within the next 12 months.  We continue to actively market all properties that are designated as held for sale.
 
During fiscal 2013 we recognized a gain of $5.0 million on the sale of the Denver, Colorado sales center and the Sioux Falls, South Dakota facility. This gain was net of $0.5 million of capitalized broker commissions related to the Denver, Colorado sales center lease that were written off during the period.  This gain was recorded in “Selling, general, and administrative” expenses in the Consolidated Statements of Operations and Comprehensive Loss.  We recognized an additional gain related to the sale of our Fremont, California location during fiscal 2013 of approximately $0.2 million.  The gain was related to seller’s proceeds that were held by the title company for certain remediation activities that were settled during the first quarter of fiscal 2013.